A party who has been induced to enter into an illegal contract because of fraud, duress, or
undue influence can sue the other party and recover whatever consideration he has paid.
Indicate whether the statement is true or false
TRUE
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The American Stock Exchange (AMEX) has a special department to prevent _____ of the securities under its supervision.
A. the preservation B. insider trading C. the analysis D. legal trading
A de jure corporation is not legal and cannot be recognized as a corporation because the incorporation process was defective
a. True b. False Indicate whether the statement is true or false
Contract devices explicitly designed to thwart a hostile takeover attempt are called poison pills or shark repellents. Examples include all of the following EXCEPT:
a. a shareholder rights plan that can be issued as dividends at management's discretion. b. an event-triggered put provision in one of the firm's debt contracts. c. a provision in the firm's charter that gives incumbent management their positions for life.
Which of the following is NOT a measure of validity?
a.Content validity b.Parallel forms validity c.Criterion validity d.Construct validity